Know your bank
Author: Rishi Singh
Category: Mountain
October 12, 2008
Everest, Nepal
Kathmandu, October 11:Amid the worsening-by-the-day global crisis and the US government’s decision yesterday to buy an ownership stake in a broad array of American banks for the first time since the G
Kathmandu, October 11:
Amid the worsening-by-the-day global crisis and the US government’s decision yesterday to buy an ownership stake in a broad array of American banks for the first time since the Great Depression, it wouldn’t be a bad idea to have a thorough look at our own financial institutions and their fiscal fitness. We are looking at our own banks and their performance:
• Nepal Bank Ltd (November 15, 1937)
Chairman: Bharat Bahadur Karki
Coordinator: Dr Binod Atreya (Nepal Rastra Bank)
Paid up capital: Rs 380 million
Net Profit: Rs 528.7 million
Earning Per Share: N/A
Price earning Ratio (P/E): 0
ATMs: Joined hands with SCT
• Rastriya Banijya Bank ( January 23, 1966)
Chairman: Dr Bhola Chalise
CEO: Janardan Acharya
Paid up capital: Rs 1.017 billion
Net Profit: Rs 1.77 billion
Earning Per Share: N/A
Price earning Ratio (P/E): N/A
• Nabil Bank Ltd ( July 16, 1984)
Chairman: Satyendra Pyara Shrestha
Paid up capital: Rs 689.2 million
Core capital: Rs 2,363.6 million
Net Profit: Rs 746.5 million
NPA: Rs 161 million of Rs 21,759.4 million loan (0.7 per cent)
Networth: Rs 2,437.2 million
Earning Per Share: Rs 108
Price earning Ratio (P/E): 48.7
• Standard Chartered Bank Nepal Ltd (January 24, 1986)
Chairman: Neeraj Swaroop
Paid up capital: Rs 620.78 million
Core capital: Rs 2,304.76 million
Net Profit: Rs 818.92 million
NPA: Rs 128.72 million (0.92 per cent)
Networth: Rs 2,492.55 million
Earning Per Share: Rs 131.92
Price earning Ratio (P/E): 51.77
Branches: 11 branches and four extension counters
• Everest Bank Ltd (October 18, 1994)
Chairman: Bishnu Krishna Shrestha
Paid up capital: Rs 831.4 million
Core capital: Rs 2,004.7 million
Net Profit: Rs 450.1 million
Networth: Rs 1,679.6 million
Earning Per Share: Rs 89.90
Price earning Ratio (P/E): 34.84
• Bank of Kathmandu Ltd (March 3, 1995)
Chairman: Sanjay Bahadur Shah
Paid up capital: Rs 603.14 million
Core capital: Rs 1,324.51 million
Net Profit: Rs 371.25 million
Networth: Rs 224.36 million
Earning Per Share: Rs 61.55
Price earning Ratio (P/E): 38.18
Branches: 23 branches and six Extension Counters
• Nepal Credit and Commerce Bank (October 14, 1996)
Chairman: Prithivi Raj Ligal
CEO: Ratna Raj Bajracharya
Paid Up capital: Rs 1,400 million
Core capital: Rs 646.55 million
Net profit: Rs 495.56 million
Networth: Rs 696.13 million
Earning Per Share: Rs 35.40
Price earning Ratio (P/E): 12.91
Branches: 17 branches
ATMs: 2 (Baghbazar and Chabahil)
• NIC Bank Ltd (July 21, 1998)
Chairman: Jagdish Prasad Agrawal
Paid up capital: Rs 944 million
Core capital: Rs 1,294 million
Net Profit: Rs 243 million
NPA: Rs 98 million (0.85 per cent)
Networth: Rs 1,303 million
Earning Per Share: Rs 25.75
Price earning Ratio (P/E): 49.86
ATMs: Tie-up with SCT
• Kumari Bank Ltd (April 3, 2001)
Chairman: Noor Pratap J B Rana
Paid up capital: Rs 1,070 million
Core capital: Rs 1,369.89 million
Net Profit: Rs 180.37 million
Networth: Rs 1,375.74 million
Earning Per Share: Rs 16.86
Price earning Ratio (P/E): 59.92 times
• Laxmi Bank Ltd (April 3, 2002)
Chairman: Rajendra K Khetan
Paid up capital: Rs 913.19 million
Core capital: Rs 1,086.01 million
Net Profit: Rs 120.03 million
Networth: Rs 1,154.16 million
Earning Per Share: Rs 19.68
Price earning Ratio (P/E): 56.56 times
• NMB Bank Ltd (Established in 1996/Upgraded in 2007)
Chairman: Mahabir Prasad Goyal
Paid up capital: Rs 1 billion
Core capital: Rs 1,210.391 million
Net Profit: Rs 73.1 million
Networth: Rs 1,210.91 million
Earning Per Share: Rs 7.31
Price earning Ratio (P/E): 127.20
Weather Update: Standard Himalayan mountain conditions
Peak Altitude: 8848 m
Risk Level: Low
Expedition Info: First ascent expedition
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